Credit: wladimir1804/Adobe Stock The Back-Office Back Door to Nonlawyer Investment in Law Firms
Private equity-backed Briefly, which has acquired the back-office assets and personnel from distributed firms OGC, Scale and Rimon, offers one example. Federate, founded by a former Rimon leader, looks to do something similar with funding from legal industry insiders.
May 15, 2024 at 03:24 PM
10 minute read
Law Firm Management
Managed service organizations running the back office of many medical and dental practices have already gained prominence as private equity's structure of choice for entering the health care sector, according to lawyers brokering these so-called MSO deals. Now, investors are eyeing similar opportunities in the legal industry.
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